The keys to keeping them valuable are permanent normal trade status and admission of China into the World Trade Organization, whose cumbersome procedures can keep the American market wide open.

CENTERFORSECURITYPOLICY: Center For Security Policy

Mr. Bush has also promised to clear the way for permanent normal trade relations status for Russia by getting the 1974 Jackson-Vanik Amendment formally repealed and to use his influence to secure membership for a free-market Russian economy.

CENTERFORSECURITYPOLICY: Bush's Russian Gamble

After years of carrot-and-stick games with trade terms, the US has finally granted China permanent status as a normal trading partner.

BBC: US normalises trade with China